The untapped potential of digital technologies is vast, and the eco-digital economy, driven by digital and sustainability, is expected to double by 2028.
Manufacturing Software, ERP, MRP
Manufacturing software systems are important tools for the automation and management of production processes. A wide range of manufacturing companies covering many different vertical sectors rely on manufacturing software to better manage the sourcing and use of material or parts quantities, scheduled production timelines, inventory management and the planning for future order demand. One commonly deployed example of a manufacturing software system is an Enterprise Resource Planning (ERP) solution, designed to better manage information concerning orders and materials, finance, Customer Relationship Management etc.over the whole organisation.
Compare 14 ERP solutions at the 2-day ERP HEADtoHEAD event
Jan 25, 2024
The 9th UK Lumenia ERP HEADtoHEAD will take place on 13-14 March in the DoubleTree by Hilton, Milton Keynes. The unique format of the event brings together the leading ERP vendors, who must follow a script during their presentations, allowing delegates to compare like for like. The event is facilitated by independent ERP consultants, Lumenia Consulting.
Dematic names Mike Larsson as new President
Jan 25, 2024
KION Group AG (KGX.DE) has appointed Michael Larsson as President of Dematic Corp. and a member of KION’s executive board. Larsson succeeds Hasan Dandashly, who retired from the company effective 31 December 2023.
Protolabs tackles manufacturing skills gap with launch of inspirON academy
Jan 25, 2024
Digital manufacturer, Protolabs, has launched its inspirON academy. A series of free CPD-accredited online training courses, inspirON academy aims to tackle a widening skills gap by helping engineers at any stage in their career to increase their understanding of designing for injection moulding, 3D printing and CNC machining.
Fuelling Innovation in Aftermarket
Jan 25, 2024
One section of the motor trade is benefitting from the cost-of-living crisis: with consumers keeping their cars for longer, independent repairers are in huge demand. But they are also under pressure. Older cars need more repairs. They require more replacement parts, tyres and fluids. With car owners looking for value and a fast turn-around, independents are actively seeking the most efficient and effective way to source those parts.....
IFS appoints Stephanie Poore as new Managing Director for UK and Ireland
Jan 18, 2024
IFS, the global cloud enterprise software company, has appointed Stephanie Poore as its new Managing Director for its UK and Ireland business.
New IHMA Security Image Register launched - reflecting changes in global holography
Jan 18, 2024
The secure registry of holographic images, established by the International Hologram Manufacturers Association (IHMA) to safeguard hologram copyright and underpin the use of holograms in authentication and security printing, has been relaunched as the Security Image Register (SIR).
Softcat reveals cyber security is top IT priority for the manufacturing sector in 2024
Jan 10, 2024
A new report by provider of IT infrastructure, Softcat, offers a look into the technologies the manufacturing sector is prioritising over the next 12 months.The findings form part of a report based on the views of more than 4,000 customers from 2,900 organisations in the UK and Ireland, across 27 industries in both the public and private sectors.
Flexxbotics to demonstrate solutions for robot-driven manufacturing at ATX West 2024
Jan 09, 2024
Flexxbotics, delivering workcell digitalisation for robot-driven manufacturing, will showcase its breakthrough technologies at ATX West 2024 in Anaheim, CA on 6-8 February, 2024.
Almost half of businesses have now implemented machine learning, says STX Next research
Jan 08, 2024
Research from STX Next, the software development company specialising in Python, has found that 47% of businesses have now implemented machine learning (ML) into business processes. Despite this growth in popularity of artificial intelligence (AI) and ML, further growth could be limited without investment in specialised technical teams to drive integration.
Manufacturing software systems
Manufacturing software systems provide the automation and computational support for complex manufacturing processes. Manufacturing companies leverage manufacturing software systems to carefully manage the timing, types and quantities of materials they purchase in order to ensure that they are able to meet current and future customer demand while at the same time achieving the lowest possible cost and inventory accumulation.
Enterprise resource planning (ERP) systems integrate internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, customer relationship management, etc. ERP systems facilitate the flow of information between all business functions inside the boundaries of the organisation and manage the connections to outside stakeholders.
Manufacturing resource planning (MRP II) addresses operational planning in units, financial planning, and has a simulation capability to answer "what-if" questions and extension of closed-loop MRP.
CRM or Customer Relationship Management concerns the relationship between an organisation and its customers. The scope of CRM which can vary drastically as it can be used by management, salespeople, people providing service, and even customers could directly access information to find out information.
Cloud computing can be defined as the set of hardware, networks, storage, services, and interfaces that combine to deliver aspects of computing as a service. Cloud services include the delivery of software, infrastructure, and storage over the Internet and is based on user demand. Cloud Computing is the latest stage in the Internet's evolution, providing the means through which everything , from computing power to computing infrastructure, applications, business can be delivered to you as a service wherever and whenever you need.
Cloud computing has some essential characteristics: scalability depending on requirements, offers a way to increase capacity or add capabilities on the fly without investing in new infrastructure, eliminates the need for on-site personnel to maintain computer equipment. No up-front CAPEX (capital expenditure) required, as billing is a pay-as-you-go model, access to the very latest application programming interfaces (APIs).
SaaS (software as a service) is a type of cloud computing delivering a single application through the browser to thousands of customers using a multitenant architecture. On the customer side, it means no upfront investment in servers or software licensing; on the provider side, with just one app to maintain, costs are low compared to conventional hosting. SaaS is emerging to provide service to all aspects of an organisation`s activities in the areas of Manufacturing, ERP, Demand Forecasting, Advanced Planning, S&OP, Supply Chain, Warehousing, Transport Management and HR (human resource).
Business intelligence (BI) is a set of theories, processes and technologies that convert raw data into useful information for business purposes. BI can handle large amounts of information to help identify and develop new opportunities to gain market advantage over competitors. The amounts of data that are now being gathered as a result of because they are increasingly being gathered by a growing range of diverse and ubiquitous information-gathering devices.
These data sets become so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications. The trend to larger data sets is due to the additional information derivable from analysis of a single large set of related data, as compared to separate smaller sets with the same total amount of data. The current challenges of BIG DATA include the capture, storage, search and share capability, transfer, analysis, and visualisation. Every day, we create 2.5 quintillion bytes of data — so much that 90% of the data in the world today has been created in the last two years alone. This data comes from everywhere: sensors used to gather climate information, posts to social media sites, digital pictures and videos, purchase transaction records, and cell phone GPS signals to name a few. This data is big data.
It is estimated that the world's technological per-capita capacity to store information has roughly doubled every 40 months since the 1980s. The challenge for large enterprises is determining who should own big data initiatives that straddle the entire organisation and how this data can be used as a source of revenue and to gain competitive advantage.
